EXIM Bank Strengthens Central Asian Ties, Benefits Malaysian Businesses And Regional Partners
KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners.
In a statement today, it said the initiative includes exploring structured financing solutions for key partners in Uzbekistan, notably a proposed collaboration with Joint-Stock Commercial Bank HamkorBank to support Malaysian companies operating in Uzbekistan and Uzbek importers of Malaysian goods.
Hence, the bank's participation in the third plenary session of the Foreign Investors Council (FIC) in Tashkent has reinforced its commitment to expanding Malaysia's global trade presence.
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EXIM Bank chief business officer Faizah Mustapa said its participation at the high‑level forum signals the bank's strategic intent to support Malaysia's exporters through innovative trade-financing, while exploring joint ventures with Uzbek financial institutions.
"We applaud Uzbekistan's reforms to streamline banking regulations and enhance credit facilities for import‑export activities," she said.
EXIM Bank said its participation in the forum aligns with Malaysia's National Investment Policy 2030 (NIMP 2030) to expand investment beyond traditional markets and support the globalisation of Malaysian small and medium enterprises.
It also complements Uzbekistan's Vision 2030, which seeks to attract foreign direct investments, increase regulatory transparency, and advance public-private partnership projects in agriculture, manufacturing, infrastructure, and tourism.
"With 36 Malaysian companies operating in Uzbekistan, ties between the two countries continue to grow.
"This was further strengthened by Prime Minister Datuk Seri Anwar Ibrahim's official visit to Uzbekistan in May 2024, followed by a return visit to Malaysia by President Shavkat Mirziyoyev in February 2025, reaffirming their commitment to elevate bilateral relations to a strategic partnership," it said.
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